How to prepare for payroll year-end
Mar 21, 2023
As the end of the financial year approaches, businesses across the UK are preparing to navigate the intricacies of payroll year-end. This annual process is vital for ensuring that your business is compliant with tax regulations and that employees receive accurate ...
READ MORE
Embracing the future: AI and automation in cloud accounting
Mar 17, 2023
Artificial Intelligence (AI) is becoming increasingly advanced so, as a business owner, you need to get on board or you might get left behind. Cloud accounting has revolutionised how you manage your business’s finances in terms of collaboration, data accuracy, and ...
READ MORE
Spring Budget 2023
Mar 15, 2023
Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the Despatch Box to deliver the first full Budget to have taken place in 504 days and the first unaffected by ...
READ MORE
Digital fraud: What do you need to know?
Mar 14, 2023
Digital fraud, also known as cyber fraud or online fraud, refers to any type of fraudulent activity that takes place in the digital space. This can include fraudulent transactions, identity theft, phishing scams and more. Digital fraud is a growing problem that ...
READ MORE
Have you made your voluntary National Insurance (NI) contributions?
Mar 10, 2023
You will now have more time to make any voluntary National Insurance (NI) contributions, as the deadline has been extended. A Written Ministerial Statement on 7 March 2023 announced that the original deadline of 5 April 2023 has been pushed back ...
READ MORE
Travel expenses: What do you need to know?
Mar 07, 2023
Travel expenses are costs incurred by an employee whilst travelling on behalf of their company, which is away from their usual place of work. Employees can claim tax relief for the money spent on: Vehicle mileage Parking fees Food and drink ...
READ MORE
Are you handling your records effectively?
Mar 02, 2023
Effective financial record keeping is crucial for any business owner to maintain compliance with tax regulations and gain a clear understanding of their financial status. Although you may already have established bookkeeping practices, it is crucial to periodically review and update ...
READ MORE
Self-Assessment taxpayers warned of next payment deadline
Mar 01, 2023
Taxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent. HM Revenue & Customs (HMRC) will automatically add a penalty to your tax bill equal to five per cent of the Self-Assessment tax you owe for 2021/22 ...
READ MORE
Tips for preventing late payments as a small business
Feb 28, 2023
Small businesses saw a sharp increase in the length of time clients took to pay their invoices last month, according to data from accounting software Xero. The amount of time businesses had to wait for payment in January rose by 0.6 ...
READ MORE
The VAT filing deadline is approaching: How to get prepared
Feb 23, 2023
It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax (VAT) to avoid penalties. HM Revenue & Customs (HMRC) recently reminded businesses about new VAT penalties and interest payments ahead of ...
READ MORE
© Walker Begley 2016. All rights reserved. Registered to carry out audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered in England and Wales no. 5280582
- Privacy
- Terms & Conditions
- VAT number: 107 1775 25
- The information required by the ‘Provision of Services Regulations’ is on display at our office.